Avista divests Trimb Holding AB

Karo is a specialty pharma company with both Rx and OTC products, financially backed by EQT which is one of the worlds’ largest private equity firms. Trimb complements Karo well, both in terms of geographical presence, products as well as distribution channels. The growth focus of Trimb will remain the same and being part of Karo is a logical step for Trimb and our brands, building an even stronger platform and taking Trimb together with Karo to a stronger future position.
 
The Closing of the deal is subject to certain anti-trust filings, and up until Closing we will continue to operate as two separate companies. Current operation with any Trimb company will remain as is, and also the contact persons will remain the same.

Read press release here